Funding you earn now, next payment 22:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h −0.015%
Price spread now: gTrade (Gains Network) against Binance−0.357%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: gTrade (Gains Network) is 0.357% cheaper against Binance than usual: you would sell low and buy high, −$36 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARBUSDT | 0.2252 | 0.0011 | pay 0.0011% / 8h | 2h 32m | $64.1M | $326.1M | 75x |
| Short | gTrade (Gains Network) ARB/USD | 0.2244 | L +0.0005% / S −0.0005% | get 0.0001% / 1h | 32m 40s | $55K | — | 150x |
Binance ARBUSDT
gTrade (Gains Network) ARB/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.36
- Price spread: −0.357% → 0.000%
- −$35.73
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$57.09
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 11 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 11 min ago | 0.22 bp | 7.9 bp −$8 | 19.5 bp −$195 | 70.9 bp −$7,086 | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ARB on 36 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1675% | 1h | 0.2223 | −1.299% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0296% | 1h | 0.2253 | +0.016% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0197% | 8h | 0.2251 | −0.042% | $56.7M | $136.7M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0196% | 1h | 0.2244 | −0.384% | $37K | $18K | 25x | as long as short |
| Variational Omni ARB | −0.0178% | 8h | 0.2229 | −1.011% | $1.9M | $2.8M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0077% | 8h | 0.2251 | −0.042% | $22.3M | $166.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0077% | 8h | 0.2252 | −0.007% | $37.9M | $63.4M | 200x | as long as short |
| SoDEX ARB-USD | −0.0053% | 1h | 0.2241 | −0.499% | $4K | $2.9M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2242 | −0.433% | $1.1M | $5.3M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0012% | 8h | 0.2242 | −0.455% | $10K | $387K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.0003% | 1h | 0.2244 | −0.362% | $77K | $2.3M | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2254 | +0.077% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USDshort | L +0.0005% / S −0.0005% | 1h | 0.2244 | −0.357% | $55K | — | 150x | |
| Extended ARB-USD | +0.0008% | 1h | 0.2251 | −0.040% | $358K | $2.4M | 25x | as long as short |
| Gate ARB_USDT | +0.0011% | 8h | 0.2253 | +0.038% | $5.5M | $21.6M | 60x | as long as short |
| Binance ARBUSDTlong | +0.0011% | 8h | 0.2252 | long leg | $64.1M | $326.1M | 75x | |
| BloFin ARB-USDT | +0.0042% | 8h | 0.2241 | −0.517% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2244 | −0.371% | $147K | $12K | 3x | as long as short |
| BingX ARB-USDC | +0.0084% | 8h | 0.2251 | −0.069% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0085% | 8h | 0.2252 | −0.011% | $21.1M | $38.7M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2245 | −0.326% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2247 | −0.251% | $40.2M | $53.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2244 | −0.349% | $698K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2251 | −0.069% | $46K | $205K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2245 | −0.344% | $20.8M | $17.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2236 | −0.720% | $36K | $452K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2237 | −0.680% | $483K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2235 | −0.766% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2245 | −0.322% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2244 | −0.353% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2243 | −0.411% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0168% | 1h | 0.2245 | −0.340% | $823K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2240 | −0.526% | $500K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2244 | −0.387% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2255 | +0.100% | $496K | $2.9M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0564% | 1h | 0.2246 | −0.277% | $1.1M | $2.7M | 20x | as long as short |
Polymarket Perps ARB-USD
dYdX ARB-USD
Extended ARB-USD
Gate ARB_USDT
BloFin ARB-USDT
Aevo ARB-PERP
BingX ARB-USDC
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP